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Tocvan Ventures Corp V.TOC.A


Primary Symbol: C.TOC Alternate Symbol(s):  TCVNF

Tocvan Ventures Corp. is a Canada-based early-stage natural resource company. The Company is engaged in the acquisition, exploration, and, if warranted, development of mineral properties. The Company has two projects, the flagship Pilar Gold Project and the El Picacho Gold Project in the Sonora State of Mexico. The Company’s flagship project Pilar Gold is located approximately 130 kilometers (km) southeast of the capital of Sonora, Hermosillo. The project is fully road accessible and takes approximately two hours to drive to from Hermosillo to the town of Suaqui Grande on paved highway. From Suaqui Grande to the project site is approximately 30 mins on gravel road. The El Picacho Gold-Silver property is interpreted as an orogenic gold system within the regional Caborca Orogenic Gold Belt. The project is 140 km north of Hermosillo and totals 24 square kilometers (km2).


CSE:TOC - Post by User

Comment by rodeo2on Nov 29, 2011 1:50am
372 Views
Post# 19273371

RE: RE: RE: RE: TOC a buy.

RE: RE: RE: RE: TOC a buy.I certainly hope they make thier 600-700 bbl/d oil exit numbers.Analysts are brutal on companies that dont make thier guidance. I'm sure that they have themselves covered otherwise they wouldnt give that guidance so close to the end of the year. I'm more concerned about if there is still any upside potential on these lands now that the horizontal wells didnt live up to expectations or was it just a bad start? Any idea how much this drilling program cost the company? How much money do they have on hand to continue?
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